HK Stock Market Move | MOMENTA-W (06880) rose over 5% in late trading as Momenta's technology is adopted by Peugeot and Jeep, with customers covering the world's top ten automakers.

MOMENTA-W (06880) rose over 5% in late trading. As of press time, it was up 4.05% at HK$156.9, with a turnover of HK$22.7294 million. On the news front, on September 24, Momenta and Shenlong Technology officially announced a global strategic partnership. Leveraging Momenta's R7 world model, the two parties will jointly develop an advanced intelligent assisted driving system, to be equipped on all-new mass-production models of Peugeot and Jeep, launching in China, Europe, and other global markets, helping Stellantis' mainstream brands accelerate their global intelligent transformation. With this partnership with Shenlong Technology, Momenta's customers now cover all of the world's top ten automakers. In addition, Honda's intelligent driving collaboration with Momenta was further confirmed at a media briefing. Honda explicitly stated it will adopt Momenta's advanced intelligent driving solution, with the related technology to be gradually rolled out starting with models going on sale in 2027. This solution covers full-scenario assisted driving including highway NOA, urban NOA, and automatic parking.